For all the hyped indignation over GOP “anarchism,” there has been remarkable media reticence about the president’s intransigence. He has refused to negotiate anything unless the Republicans fully fund the government and raise the debt ceiling — unconditionally.

For all his protestations about protecting the full faith and credit of the United States — jittery markets are showing that his brinkmanship could have precisely the opposite effect — the president’s real intent is to score a humiliating victory over the GOP.

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